Certarus Ltd. – $5 million – New Investment – Growth Capital
Certarus Ltd. is a Calgary based provider of integrated compressed natural gas services to energy and industrial clients throughout North America. In November, PFM participated in a $35 million equity raise which was used to fund capital expenses and geographic expansion. The Company has a large customer base and is diversified across many industries and geographical regions. For this reason, we believe the investment has a strong risk-adjusted return as the Company has capitalized on the growing demand for compressed natural gas.
Through its affiliation with the fund managers PFM Fund Operations, PFM Venture Capital, Prairie Ventures GP, TopSoil Farm Land Management, and TopSoil Farm Land Management (II), and doing business as PFM Capital ("PFM Capital" or "PFM"), PFM is a leading private equity investment firm in Saskatchewan. Founded in 1989 as a corporate finance company, PFM has been managing private equity and venture capital funds since 1993. This website does not represent an offering of securities. The information disclosed is incomplete and can be qualified in its entirety by each fund's most recent offering document or limited partnership agreement, obtainable free of charge by contacting PFM Capital Inc. The securities described herein are only available to eligible investors in Canada in accordance with applicable securities laws.